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Kayne Anderson Energy Development Co (NYSE:KED)
EV/EBIT
0.31 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Kayne Anderson Energy Development Co's enterprise value is $-1.71 Mil. Kayne Anderson Energy Development Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2015 was $-5.49 Mil. Therefore, Kayne Anderson Energy Development Co's EV/EBIT ratio for today is 0.31.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Kayne Anderson Energy Development Co's enterprise value for the quarter that ended in Aug. 2015 was $287.02 Mil. Kayne Anderson Energy Development Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2015 was $-5.49 Mil. Kayne Anderson Energy Development Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Aug. 2015 was -1.91%.


Definition

Kayne Anderson Energy Development Co's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=-1.714/-5.489
=0.31

Kayne Anderson Energy Development Co's current Enterprise Value is $-1.71 Mil.
Kayne Anderson Energy Development Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2015 was -1.254 (Nov. 2014 ) + -0.561 (Feb. 2015 ) + -1.162 (May. 2015 ) + -2.512 (Aug. 2015 ) = $-5.49 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

This is a more accurate valuation of companies' operation because it consider the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt).

Kayne Anderson Energy Development Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Aug. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Aug. 2015 )=EBIT (TTM)/Enterprise Value (Q: Aug. 2015 )
=-5.489/287.0196
=-1.91 %

Kayne Anderson Energy Development Co's Enterprise Value for the quarter that ended in Aug. 2015 was $287.02 Mil.
Kayne Anderson Energy Development Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2015 was -1.254 (Nov. 2014 ) + -0.561 (Feb. 2015 ) + -1.162 (May. 2015 ) + -2.512 (Aug. 2015 ) = $-5.49 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Enterprise Value, Earnings Yield (Joel Greenblatt), Earnings Before Interest and Taxes (EBIT)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Kayne Anderson Energy Development Co Annual Data

Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14
ev2ebit 0.000.000.00-8.26-15.95-54.68-95.26-93.82-47.24-180.20

Kayne Anderson Energy Development Co Quarterly Data

May13Aug13Nov13Feb14May14Aug14Nov14Feb15May15Aug15
ev2ebit -65.55-58.33-47.24-54.57-76.63-123.57-180.20-159.53-108.74-52.29
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